Alumni from these HBCUs earn more than other Black graduates in the same state
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The average student loan amount in the United States is $1,067 $39,591This is a high price that many students question whether higher education is worthwhile. Black students are more likely to have their bachelor’s degrees than white students. $52,000 in student debt.
Despite the fact that Black students are becoming more popular, questioningCollege is worth it. There are many Historically Black Colleges and Universities where graduates earn more than their peers in similar states. recent dataOnlineU offers a high-quality online education platform for potential students.
Some HBCUs are known for their diverse culture, historical significance, and family-like campus communities. lower tuition ratesIt is more affordable than four-year universities. Many HBCUs can help students pay college expenses by providing scholarships and grants.
OnlineU found that Xavier University in New Orleans, Louisiana offers the best financial return for Black graduate. The median salary of XULA graduates was $52,582 compared with $36,962 for Black graduates in the same education level. This is a difference of $15,619
OnlineU notes that there are key factors that influence the salary of Black students, such as market differences and regional differences.
Taylor Nichols stated that comparing HBCUs’ median earnings to those of other Black graduates helps highlight the college’s value to their communities. It also takes into account racial inequalities in the labor markets, which can negatively affect salaries for Black college graduates. It is important to account for where the school is located, as most HBCUs can be found in states with lower median earnings.
These are the top ten HBCUs that offer the best payoff to black students, according to the results.
1. Xavier University of Louisiana
New Orleans (Lawrence)
Median Salary: $52,582
Other Black Graduates Earn a Median Salary: $36,962
Financial Payoff: $15,619
2. Spelman College
Atlanta, Georgia
Median Salary: $49,625
Other Black graduates earn a median salary of $40,346
Financial Payoff: $9,279
3. Hampton University
Hampton, Virginia
Median Salary: $47,197
Average Salary of Black Grads is $43,180
Financial Payoff: $4,016
4. Morehouse College
Atlanta, Georgia
Median Salary: $44,135
Other Black graduates earn a median salary of $40,346
Financial Payoff: $3,789
5. Florida Agricultural and Mechanical University
Tallahassee, Florida
Median Salary: $39,700
Average Salary of Black Grads: $36,074
Financial Payoff: $3,626
6. Tennessee State University
Nashville, Tennessee
Median Salary: $37,272
Other Black Graduates Earn a Median Salary: $34,039
Financial Payoff: $3,232
7. Fisk University
Nashville, Tennessee
Median Salary: $36,955
Other Black Graduates Earn a Median Salary: $34,039
Financial Payoff: $2,916
8. Tuskegee University
Tuskegee, Alabama
Median Salary: $37,483
Other Black Graduates Earn a Median Salary: $36,003
Financial Payoff: $1,480
9. Alcorn State University
Alcorn in Mississippi
Median Salary: $32,837
Average Salary of Black Grads is $32,385
Financial Payoff: $452
10. Dillard University
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